- This topic has 6 replies, 4 voices, and was last updated 16 years, 6 months ago by Ex-SD.
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October 11, 2007 at 7:31 AM #10571October 11, 2007 at 9:35 AM #88032patientlywaitingParticipant
So what’s new? Didn’t we all know this?
Of course the article has the obligatory postive “I think we’re at the bottom now for resale activity” at the end.
But at least this report tries to put it in context with: “After the recession in the early 1990s, it took the state’s housing market eight years to rebound.” How long will take to rebound this time around considering the magnitude of the run-up?
October 11, 2007 at 9:35 AM #88037patientlywaitingParticipantSo what’s new? Didn’t we all know this?
Of course the article has the obligatory postive “I think we’re at the bottom now for resale activity” at the end.
But at least this report tries to put it in context with: “After the recession in the early 1990s, it took the state’s housing market eight years to rebound.” How long will take to rebound this time around considering the magnitude of the run-up?
October 11, 2007 at 9:42 AM #88036kewpParticipantHuh, apparently it *is* different now!
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October 11, 2007 at 9:42 AM #88041kewpParticipantHuh, apparently it *is* different now!
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October 11, 2007 at 10:11 AM #88050Ex-SDParticipantI read the online version of The Chronicle every day. When I read this article, I responded with an email to the author asking her why she didn’t do some fact-finding rather than parroting what C.A.R. is saying. I told her that when someone reads and interprets all the available data on this subject, they will quickly see that prices are going to fall a lot further than this article claims………..and that they’ll fall a lot further in the ensuing three or four years. I haven’t received a response.
October 11, 2007 at 10:11 AM #88055Ex-SDParticipantI read the online version of The Chronicle every day. When I read this article, I responded with an email to the author asking her why she didn’t do some fact-finding rather than parroting what C.A.R. is saying. I told her that when someone reads and interprets all the available data on this subject, they will quickly see that prices are going to fall a lot further than this article claims………..and that they’ll fall a lot further in the ensuing three or four years. I haven’t received a response.
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